Feeds

CA finds Big Blue exec for CEO role

Inherit the sin

  • alert
  • submit to reddit

The Power of One Infographic

CA has tapped a top software executive from one of its rivals - IBM - as its next CEO and is hoping the outsider can pull the company out of its most turbulent period to date.

CA today named 26-year IBM veteran John Swainson as its new chief. Swainson started work at the software maker this week but won't officially become CEO until the first or second quarter of next year. He will be reporting to interim CEO Kenneth Cron and learning CA's business over the next few months. Swainson will also take on the role of President and has been elected to CA's board. Cron will continue to serve as CA's director.

“John turned a relatively unknown software solution, middleware, into a $1 billion business," said CA Chairman Lewis Ranieri. "He possesses a unique set of skills, including development, sales and marketing that combined make him a tremendous manager and the right person to lead CA as it continues to move forward."

Swainson replaces former CA CEO Sanjay Kumar who left the company in the wake of a massive accounting scandal that will see CA pay back $225m to shareholders. The former Big Blue exec will be the first outsider to hold the CEO post at CA - not including interim chief Cron.

Swainson started his career with IBM in Canada and later moved to the US. He worked extensively on IBM's WebSphere middleware line and most recently oversaw IBM's worldwide software sales. He will have the difficult task of restoring luster to a brand tarnished by the accounting scandal, federal probes and now constant government oversight. ®

Related stories

CA eyes IBM software exec for CEO post
CA forks out $430m for Netegrity
CA to shed 800 workers
CA's Kumar pleads not guilty to fraud

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.